Desert Schools Federal Credit Union‘s president has officially assumed the role of CEO after its previous CEO, Susan Frank, announced her retirement in early December.

Jeff Meshey will now lead the credit union, while still maintaining his position of president. Meshey takes over with more than 22 years of experience with the company. Meshey became president in 2014.

Frank retired at the end of January, and was the first woman in the country in 1999 to lead a credit union with $1 billion or more in assets when she was appointed CEO of Desert Schools.

“Moving into this new chapter is a great honor for me and I thank Susan for a truly amazing experience at Desert Schools. She has set our organization, members and community up for success and I intend to build on the solid foundation we have built together,” said Meshey.

In the next year, Meshey will focus on the message and mission of shared prosperity, he said.